Category Archives: Income distribution
A quick note : Income inequality in pre-industrial societies was, in general, lower than in modern industrial societies, but traditional agrarian economies tended to be closer to their “maximum feasible inequality” than modern ones.
I don’t I have much to add to the debate about the dystopian robot future scenario envisioned by many people. But I do think the nightmare scenario is less mass unemployment than a kind of revamped neo-mediaevalism. I’m not predicting … Continue reading
The global distribution of income in 1970-2006 in 20 charts. Not much text. Posting the charts because I thought they were neat…